At a Glance
- Tasks: Lead and manage the Internal Audit function for a global wealth management firm.
- Company: Established global wealth management group based in Central London.
- Benefits: Competitive salary, bonus, and comprehensive benefits package.
- Other info: Opportunity to evolve the audit function into an advisory role.
- Why this job: Shape the future of internal audit in a dynamic financial environment.
- Qualifications: 10+ years of audit experience with relevant professional qualifications.
The predicted salary is between 80000 - 100000 € per year.
We are recruiting for a Head of Internal Audit position for an established and growing global wealth management group’s office in London. This role will initially manage a team of 2 auditors based in the London office and be responsible for overseeing, planning, and executing the Internal Audit function in the UK.
The relevant candidate will be already SMF5 accredited (or an eligible candidate to become SMF5). The individual must have a strong foundation of internal audit experience within a wealth/asset management or private banking business (or from the wider banking sector).
Profile Criteria:- Professional Audit/Accounting qualification or Degree is preferred (ACA, ACCA, CIA, etc.).
- Experienced audit professional (10 years+ post-qualification experience) who is either currently in a Head of Audit position or their next career move is to secure their first Head of Audit position.
- Candidate must be suitably qualified to hold SMF 5 and possess solid experience at a Head of Internal Audit or Senior Audit Manager level with an audit firm or a financial institution.
- Working experience in private banking, wealth management and asset management industries (ideal) but my client will also consider those from the wider banking sector.
- Experience managing audits across a broad range of activities, including financial, compliance, regulatory, operational, systems, etc.
- The individual must also be hands-on with the day-to-day work, leading from the front/by example, able to conduct their own audits as well.
- Knowledge of UK banking legislation, regulations and rules (PRA/FCA).
- Current or previous experience dealing with change (i.e., integrations, etc.).
- Able to evolve the Internal Audit function into more of an advisory function.
- The Head of Audit is responsible for managing, planning, and administering the Internal Audit function in the UK, Channel Islands and Gibraltar regions for all activities of the firm.
- Plan, supervise and take part in audits across all activities of the firm’s UK operations including financial, regulatory, compliance, operational audits as needed.
- Develop and maintain good relationships with the head and key management personnel of all activity pillars across the firm’s UK operations.
- Make recommendations for organisational and internal controls improvements of the firm’s UK operations.
- Prepare Audit reports, and summaries of findings and audit reports and recommendations to the Group Audit department, as well as key management stakeholders of the firm’s UK operations.
- Follow-up of audit recommendations until their implementation.
- Make recommendations for improving the efficiency and effectiveness of the audit process.
- Managing and engaging with various stakeholders across all departments of the firm’s UK operations at a senior level.
- Liaise with external auditors and regulators.
Head of Internal Audit - Global Wealth Management Company - Competitive Salary + Bonus + Full Ben... in London employer: LH Partners
Join a leading global wealth management company in the heart of London, where you will have the opportunity to shape the Internal Audit function and lead a dedicated team. Our collaborative work culture fosters professional growth, offering competitive salaries, bonuses, and comprehensive benefits, while our commitment to employee development ensures that you can advance your career in a dynamic and supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Internal Audit - Global Wealth Management Company - Competitive Salary + Bonus + Full Ben... in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current employees at your target companies. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Informational Interview
Set up informal chats with professionals in the field. This is your chance to learn more about the company culture and the role itself. Plus, it shows your genuine interest and can help you stand out when applying through our website!
✨Showcase Your Skills
Prepare a portfolio or case studies that highlight your audit experience and successes. When you get the chance to meet with hiring managers, having tangible examples of your work can really make you shine. We want to see how you can add value!
✨Follow Up Like a Boss
After interviews or networking events, send a quick thank-you note. It’s a simple gesture that keeps you on their radar and shows your professionalism. Remember, we’re all about building relationships, so let’s keep the conversation going!
We think you need these skills to ace Head of Internal Audit - Global Wealth Management Company - Competitive Salary + Bonus + Full Ben... in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Internal Audit role. Highlight your relevant experience in internal audit, especially within wealth management or banking. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements and how they relate to the responsibilities outlined in the job description. We love a good story!
Showcase Your Leadership Skills:Since this role involves managing a team, make sure to highlight your leadership experience. Talk about how you've led teams in the past, any challenges you've overcome, and how you foster collaboration. We’re all about teamwork here at StudySmarter!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about who we are and what we do!
How to prepare for a job interview at LH Partners
✨Know Your Stuff
Make sure you brush up on your knowledge of UK banking legislation and regulations, especially those from the PRA and FCA. Being able to discuss these confidently will show that you're not just qualified but also genuinely engaged with the industry.
✨Show Your Leadership Skills
As a Head of Internal Audit, you'll need to lead by example. Prepare examples of how you've managed teams or projects in the past, particularly in audit settings. Highlight your hands-on approach and how you've successfully navigated challenges.
✨Be Ready for Scenario Questions
Expect questions about how you'd handle specific audit situations or changes within the organisation. Think through potential scenarios in advance and be ready to discuss your thought process and decision-making strategies.
✨Build Relationships
Emphasise your ability to develop strong relationships with key stakeholders. Prepare to share examples of how you've collaborated with different departments or external auditors, showcasing your interpersonal skills and strategic thinking.
